Private Equity
A $25m lawsuit stemming from a ‘quick flip’ deal by mid-market firm Castle Harlan accuses the firm of sharing confidential information, though the lawsuit does not target the firm.
2 min read · 08 February 2013
New Enterprise Associates has collected about $2.1bn for its 14th fund, attracting commitments from 146 investors, according to an SEC filing.
2 min read · 08 February 2013
UK development finance institution CDC Group saw a swing of £341m from profitability in 2010 to a £72m loss last year, despite putting more capital to work in developing countries last year.
2 min read · 08 February 2013
After acquiring a $5.8m fund stake from another investor and assuming $14.2m in uncalled commitments, New Jersey’s Division of Investment now has a 15.5% stake in Tenex’s debut vehicle.
2 min read · 08 February 2013
Fusion Capital, led by chairman Phil Goodwin, has a flexible mandate that allows for broad changes in strategy to accommodate the fluid marketplace.
3 min read · 08 February 2013
The deal for eyeglass retailer Alain Afflelou was struck just one day after Bridgepoint confirmed it had entered exclusive talks with Lion Capital.
2 min read · 08 February 2013
<a href="http://privateequityconnect.com/profile.aspx?iid=10047" target="_blank">Actis</a> has raised at least $745.5 million for Actis Global 4, according to a document filed last week with the US Securities and Exchange Commission. <br /><br />
1 min read · 28 January 2013
The Melbourne-based asset manager has hired Steven Lipchin to lead its co-investing and direct investing initiative.
2 min read · 22 January 2013
In Asia, New Zealand is perceived as one of the world’s least corrupt countries, but more than half of the region had scores below the global average on Transparency International’s 2012 Corruptions Perception Index.
2 min read · 22 January 2013
The firm's 14th fund is its third fund to close on or above $2.5bn and will continue NEA’s strategy of investing globally in IT, healthcare and energy technology, says NEA's Peter Barris.
2 min read · 17 January 2013
